Thursday 28 Mar 2024
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KUALA LUMPUR (July 20): CIMB Group Holdings Bhd saw 97.29 million shares, representing a 1.07% stake in the banking group, crossed off market today.

According to Bloomberg data tracking trade of 300,000 shares or more, the shares were transacted in 30 separate blocks.

A total of 93.79 million shares in 23 blocks were transacted at RM6.31 per share for a total of RM591.8 million, while 3.5 million shares in 7 blocks were transacted at RM6.37 per share for a total of RM22.3 million.

CIMB shares fell 11 sen or 1.7% to close at RM6.31 today.

Reuters reported earlier today that state investment firm Khazanah Nasional Bhd had sold 90.52 million CIMB shares, representing a 1% stake, at RM6.31 a piece, raising RM571 million.

Khazanah is CIMB's largest shareholder with a 29% stake.

 

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